US Private Sector Adds 534,000 Jobs in November

US Private Sector Adds 534,000 Jobs in November

(ADP National Employment) The US private sector maintained recovery, with 534,000 jobs created from October to November of 2021.

Total Nonfarm Private Employment

Large businesses added the bulk of the jobs at 277,000. 

Medium businesses added 142,000 jobs, while small businesses had a 115,000 share of private sector job creation.

By sector, service-providing businesses offered 424,000 jobs.

Goods producing businesses added 110,000 jobs, while franchise employment stood at 35,300 in November.

Job gains in the private sector have now surpassed 15 million since economic recovery started, although they are 5 million below the pre-pandemic level.

SPY is up +1.34%, DXY is down -0.09%.

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